FLIGHT-X can calculate the Direct Operating Costs (DOC) of the airplane, on the basis of over 40+ cost parameters, which are established in a configuration file that can be found in the airplane model sub-folder. The parameters that are considered in the DOC analysis include:
Currency, aircraft cost, current fuel price, fuel price inflation, fuel shock price and corresponding fiscal year, insurance costs, spare parts on category I (airframe, landing gear, tyres), spare parts on category II (engines, APU, lubricants), spare parts on category III (avionics, systems, modernisation, refurbishment); aircraft life-time, depreciation, financing, interest rates, mortgage life-time, crew costs on category I (pilots and co-pilots), crew costs on category II (flight attendants), off-station costs (overnight out of position); labour rates on category I (power plant), labour rates on category II (in house), labour rates on category III (outsourced); flight services costs, ground services costs, average stage length. FLIGHT-X estimates the following:
FLIGHT-X accounts for the following externalities:
The figure below shows the estimated ticket price required to break even for a hypothetic aircraft costing 27 million dollars, acquired with internal financing (20%) and external financing (80%) over a period of 10 years, assuming that the aircraft operates as a commuter over stage lengths of 200 n-miles without significant commercial freight. A shock oil price of 25% is forecast on year 2. A risk analysis is possible by using stochastic data of the parameters. Figure 1 shows a typical result.
Note that carrying extra fuel weight will cause additional emissions on the outbound flight, and this option has been publicly discouraged in the recent past.
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